Farley, James D Jr (1962- )

Jim Farley Tries to Reinvent Ford and Catch Up to Elon Musk and Tesla

Auto experts say the electric F-150, known as the Lightning, must be a success if Ford is to thrive in the age of electric vehicles. Introducing this truck now is equivalent to “betting the company,” said William C. Ford Jr., the company’s executive chairman, who is a great-grandson of Henry Ford. “If this launch doesn’t […]

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Ford Splits Into Electric and Gas Divisions to Speed Up Transition

In making gas-powered vehicles, Ford must focus on reducing costs and generating the profits it needs to fund its E.V. plans. Over the next four years, Ford aims to trim costs for its internal-combustion models by $3 billion, with some cuts coming through job reductions, Mr. Farley said. The electric business, in contrast, will have […]

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